Hedge Fund Titans Carl Icahn and David Einhorn Have Dumped a Ton of Apple Stock (Fortune)

Highlights
Several big hedge fund backers of Apple Inc including billionaire activist investor Carl Icahn and David Einhorn’s Greenlight Capital, trimmed their stakes in the fourth quarter amid a decline in the value of the iPhone maker’s shares.

Carl Icahn, in October 2014 in Tumblr, stated that he values Apple at $203 per share.
“Our valuation analysis tells us that Apple should trade at $203 per share today, and we believe the disconnect between that price and today’s price reflects an undervaluation anomaly that will soon disappear.”